NUSHARES ETF TR

Ticker: NCLO CUSIP: 67092P730 Class: NUVEN AA-BBB CLO

Holders for Q4 2025 Position Changes for Q4 2025

Note: Option positions (PUT/CALL) are excluded.

New Positions (4)

Diversified Portfolios, Inc.

Value ($000) $19,070 Shares 761,276

Sunbelt Securities, Inc.

Value ($000) $440 Shares 17,573

GC Wealth Management RIA, LLC

Value ($000) $752 Shares 30,000

Steward Partners Investment Advisory, LLC

Value ($000) $5 Shares 180

Institution	Shares	Value ($000)
Diversified Portfolios, Inc.	761,276	$19,070
Sunbelt Securities, Inc.	17,573	$440
GC Wealth Management RIA, LLC	30,000	$752
Steward Partners Investment Advisory, LLC	180	$5

Increased Positions (3)

CORRADO ADVISORS, LLC

Value ($000) $1,984 (+6.1%) Shares 79,182 (+6.4%)

HARBOUR INVESTMENTS, INC.

Value ($000) $178 (+1679.1%) Shares 7,098 (+1683.4%)

Sanctuary Advisors, LLC

Value ($000) $481 (+17.9%) Shares 19,215 (+18.2%)

Institution	Prev Shares	Curr Shares	Change
CORRADO ADVISORS, LLC	74,431	79,182	+4,751 (+6.4%)
HARBOUR INVESTMENTS, INC.	398	7,098	+6,700 (+1683.4%)
Sanctuary Advisors, LLC	16,254	19,215	+2,961 (+18.2%)

Decreased Positions (3)

FLAGSTAR ADVISORS INC

Value ($000) $376 (-35.4%) Shares 15,026 (-35.2%)

SRS Capital Advisors, Inc.

Value ($000) $3,544 (-1.8%) Shares 141,483 (-1.6%)

Trajan Wealth LLC

Value ($000) $296 (-12.3%) Shares 11,828 (-12.1%)

Institution	Prev Shares	Curr Shares	Change
FLAGSTAR ADVISORS INC	23,196	15,026	-8,170 (-35.2%)
SRS Capital Advisors, Inc.	143,727	141,483	-2,244 (-1.6%)
Trajan Wealth LLC	13,462	11,828	-1,634 (-12.1%)

Exited Positions (4)

JANE STREET GROUP, LLC

Value ($000) $400 Shares 15,943

ROYAL BANK OF CANADA

Value ($000) $388 Shares 15,448

NATIXIS ADVISORS, L.P.

Value ($000) $2 Shares 93,313

Value ($000) $11 Shares 432

Institution	Prev Shares	Prev Value ($000)
JANE STREET GROUP, LLC	15,943	$400
ROYAL BANK OF CANADA	15,448	$388
NATIXIS ADVISORS, L.P.	93,313	$2
UBS Group AG	432	$11